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An oft-asserted critique is that China's SOEs have a lower return on capital than private companies do, implying that the SOEs use resources less efficiently. It's true that the return on assets in the private sector was 7.6 percent versus 3.3 percent for SOEs in 2019, according to the National Bureau of Statistics. But the claim that this implies that these lower capital returns reflect poor efficiency is simply an inaccurate interpretation of economic theory.

Analysts are equally as confident that the planned overseas listing will enhance the competitiveness and overall enterprise value of the company, while deepening the country's ongoing SOE mixed-ownership reforms.

And he found it. The talented musician said that in Kikuyu, Njeri's home district, people have traditional songs similar to those sung by the Dong people of southern China. "The tune and even the ululation are similar."

An unmanned vehicle has been put into use in Nanjing's residential community Binjiang Yihao. According to Meng, it can take elevators, plan the best routes and send location information automatically.

Angel Chow, a tourist from Hong Kong visiting the market, said mainland shoppers will likely spend more money when they have WeChat Pay as an option.